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Companies Act Ch 1 - Coggle Diagram

- - - - Individual to Juristic Person
        
        When the individual directly or indirectly controls the juristic person
      - Juristic Person to Juristic Person
        
        Either one of them directly/indirectly controls the other or the business of the other
        
        Either is a sub of each other
        
        A person directly/indirectly controls each of them or the business of each of them
      - Individual to Individual
        
        Live together in a relationship like a marriage
        
        Separated by no more than two degrees of natural or adopted affinity
        
        Married
  - - - Assets (Fairly valued) =/> Liabilities (Fairly valued)
    - - The company's ability to pay its debts as they become due in the normal course of business is evaluated
        
        For a period of either 12 months from the test date
        
        Or 12 months after a distribution was made.
      - Consideration: All reasonable foreseeable financial circumstances of the company are taken into account during the test.
  - - - Non-Profit Companies NPC
        
        Public benefit (Cultural or social activities/communal or group interest)
      - Profit Companies
        
        State-owned companies (SOC Limited)
        
        Private companies (Pty) Ltd
        
        Personal liability companies (Inc.)
        
        Public companies (Ltd)